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The Index Corporation projects annual sales of 1000 units of its TUKKAS The fixed order cost of TuKkAS is $80. The carrying cost per TUKKAS

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The Index Corporation projects annual sales of 1000 units of its TUKKAS The fixed order cost of TuKkAS is $80. The carrying cost per TUKKAS is $4. (Assume 1 year = 365 days. What is the most economic quantity (EOQ) of TUKKAS A should the Index Corporation order at a time? What is the optimal average inventory of TUKKAS they should cany? What is the total optimal carrying cost (TCC)? What is the total optimal ordering or re-stocking cost (TOC)? What is the lowest total inventory cost (TIC) What is the optimal number of orders? Calculate the re-order quantity or point. If it takes 10 days to place an order and get it delivered. Assuming the Index Corporation now wants to carry an extra stock of 100 units of a safety stock, what is the new EOQ? Using information in (i) above calculate the new optional total inventory cost. T = Total projected inventory demand, need or sales for the year F = Fixed Ordering or Re-stocking cost of inventory CC = Carrying cost per unit of inventory

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